Kenvelo Group, which includes the Lee Cooper, Tom Tailor, TimeOut and Kenvelo brands, expects to make between €27m to €30m in profits this year, a 50-percent increase from 2011.
Kenvelo currently has about 70 stores on the regional market and is planning to expand next year, bringing the number of stores in its Romanian network to more than 100, according to the daily Ziarul Financiar.
